GE and RES Sign $700 Million Deal

Schenectady, New York [RenewableEnergyWorld.com]
Renewable Energy Systems (RES) Americas Inc. has signed agreements worth more than US $700 million to receive GE Energy 1.5-megawatt (MW) wind turbines for projects in 2009 and 2010. GE Energy will supply RES with nearly 500 MW of new wind energy capacity, and will provide commissioning and operations services as well as maintenance support.

"Throughout the United States we continue to witness strong interest in the production of cleaner, wind-generated electricity. We are pleased that RES has selected our well-proven, 1.5-megawatt technology to help the company reach its build-out goals for the years ahead."
--Victor Abate, VP-Renewables, GE Energy

RES Americas is part of U.K.-based Renewable Energy Systems, one of the world’s leading renewable energy developers and a leader in the global wind industry for two decades. Since 1997, RES Americas has been a leader in the U.S. wind industry, either developing or constructing more than 12 percent of the country’s installed wind energy capacity.

“Throughout the United States we continue to witness strong interest in the production of cleaner, wind-generated electricity,” said Victor Abate, vice president-renewables for GE Energy. “We are pleased that RES has selected our well-proven, 1.5-megawatt technology to help the company reach its build-out goals for the years ahead.”